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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $2,640/mo, and a $3,549/mo payment. Purchase price stands at $725,000, and rental yield measures 4.37% with $2,640/mo rent. Return on cash invested shows 1.85% in year one, and 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 9.2% and total cumulative return in cash records $21,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $3,549/mo payment rather than investor’s personal income.
Condo
Built in 1984
4,805 sqft lot
$N/A/sqft
$1,103 monthly HOA
Neighborhood data shown for ZIP Code: 78373, Port Aransas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,617 (100%) |
| Owner Occupied HU | 1,209 (21.5%) |
| Renter Occupied HU | 407 ( 7.2%) |
| Vacant Housing Units | 4,001 (71.2%) |
| Median Home Value | $491,147 |
| Average Home Value | $604,986 |
Residential
2,142
Single Family
2,142
Multi-Family
0
Businesses
403
Date | Event | Price |
|---|---|---|
| 2024-02-09 | Price change | $725,000 |
| 2022-03-20 | Pending sale | $709,000 |
| 2022-03-10 | Contingent | $709,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michele Lorette • Port Aransas Realty
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #434576
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
